SoCal Deek Posted May 6, 2019 Share Posted May 6, 2019 13 hours ago, plenzmd1 said: i disagree a bit, but for sake of argument, let's say you are correct. We are basically at zero unemployment now. Where are you going to find workers to train? Boomers retiring at a faster pace then Gen Z are entering the workforce. Millions of open jobs can and will be, a negative effect on the economy for a myriad of reasons. Why not immigrants? We’ll find new workers the same way the country always has, through legal immigration. Nobody is against that, not even the President. Get in line and enter the country legally just like pretty much all of our ancestors did. It’s not complicated. It’s called the Rule of Law. 1 Link to comment Share on other sites More sharing options...
Azalin Posted May 6, 2019 Share Posted May 6, 2019 21 hours ago, plenzmd1 said: i disagree a bit, but for sake of argument, let's say you are correct. We are basically at zero unemployment now. Where are you going to find workers to train? Boomers retiring at a faster pace then Gen Z are entering the workforce. Millions of open jobs can and will be, a negative effect on the economy for a myriad of reasons. Why not immigrants? This sounds to me to be exactly the kind of problem that we should want. Wages will increase to attract new hires as employers compete to fill job vacancies. People will develop greater skills in order to become more attractive to prospective employers. More unskilled labor will be filled via automation, especially with the deployment of 5G imminent. I see these as symptoms of prosperity, not as negatives at all. 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted May 6, 2019 Share Posted May 6, 2019 1 hour ago, Azalin said: This sounds to me to be exactly the kind of problem that we should want. Wages will increase to attract new hires as employers compete to fill job vacancies. People will develop greater skills in order to become more attractive to prospective employers. More unskilled labor will be filled via automation, especially with the deployment of 5G imminent. I see these as symptoms of prosperity, not as negatives at all. Correct on all accounts. And the old school way of thinking about Job Training is fading fast. Technology is evolving so rapidly that the idea of having to attend a class at some behind the times junior college just to learn new software will be a distant memory and considered a total waste of time and money. 1 Link to comment Share on other sites More sharing options...
Deranged Rhino Posted May 6, 2019 Share Posted May 6, 2019 1 Link to comment Share on other sites More sharing options...
Hedge Posted May 7, 2019 Share Posted May 7, 2019 Link to comment Share on other sites More sharing options...
B-Man Posted May 7, 2019 Share Posted May 7, 2019 New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. , Link to comment Share on other sites More sharing options...
Koko78 Posted May 7, 2019 Share Posted May 7, 2019 3 minutes ago, B-Man said: New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. , All this proves is that King Andrew needs to tax the "rich" even more, and punish those evil corporations across the state with more crushing regulations and fees! Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 8, 2019 Share Posted May 8, 2019 1 hour ago, B-Man said: New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. To be fair, it is possible the 2017 prepay (hubby and I did it) was a tax revenue shuffle for NYS as claimed later in the article. The article said business tax revenues were up 10%, personal down 6.6% so theoretically, the Budget Office may be correct - a lot of people took advantage of the prepay before SALT limits took place. They lose credibility when they remark on a "expectations of a slowing economy". And they need to stop spending so much - up 4.4%. Shesh Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted May 8, 2019 Share Posted May 8, 2019 3 hours ago, B-Man said: New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. , I live in the Albany area and was downtown last summer. While waiting for my daughter to finish a meeting, I sat in front of the Capitol building in the photo from the article on a nice sunny day. I wanted to head up the front steps of that incredibly beautiful building just to walk the path that so many famous Americans had tread previously, unfortunately, there were barricades up front preventing ordinary citizens like me from doing so. No notes, no apparent construction, just a cold steel barrier and quite a few cops around the area. I did wonder what might happen if I jumped the...let's call it a wall...and made my way to the top. Would law enforcement come and harass me, maybe ask me for my...let's call them papers? Would good old Andy Cuomo intervene on my behalf? I decided not not to risk it. I'm not Andy's type of NYer. 2 hours ago, Buffalo_Gal said: To be fair, it is possible the 2017 prepay (hubby and I did it) was a tax revenue shuffle for NYS as claimed later in the article. The article said business tax revenues were up 10%, personal down 6.6% so theoretically, the Budget Office may be correct - a lot of people took advantage of the prepay before SALT limits took place. They lose credibility when they remark on a "expectations of a slowing economy". And they need to stop spending so much - up 4.4%. Shesh Fair enough, but when Cuomo first broke the news of the decrease in revenue, he sounded troubled by it. I'm not one to suggest he's scared or panicking, but he most definitely sounded unsettled. for all their reassurance, nearly $4bill is a damn chunk of money they most definitely need to keep this little 3 Card Monty game rolling. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 8, 2019 Share Posted May 8, 2019 3 hours ago, leh-nerd skin-erd said: I live in the Albany area and was downtown last summer. While waiting for my daughter to finish a meeting, I sat in front of the Capitol building in the photo from the article on a nice sunny day. I wanted to head up the front steps of that incredibly beautiful building just to walk the path that so many famous Americans had tread previously, unfortunately, there were barricades up front preventing ordinary citizens like me from doing so. No notes, no apparent construction, just a cold steel barrier and quite a few cops around the area. I did wonder what might happen if I jumped the...let's call it a wall...and made my way to the top. Would law enforcement come and harass me, maybe ask me for my...let's call them papers? Would good old Andy Cuomo intervene on my behalf? I decided not not to risk it. I'm not Andy's type of NYer. Fair enough, but when Cuomo first broke the news of the decrease in revenue, he sounded troubled by it. I'm not one to suggest he's scared or panicking, but he most definitely sounded unsettled. for all their reassurance, nearly $4bill is a damn chunk of money they most definitely need to keep this little 3 Card Monty game rolling. No doubt. He has made comments recently about not being able to tax the rich continually. I "think" he sees what is happening, but can he contain Albany's spendthrift way? Does he really want to? 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted May 8, 2019 Share Posted May 8, 2019 WTF how is NY State going to build the Bills a new stadium now! 1 Link to comment Share on other sites More sharing options...
B-Man Posted May 8, 2019 Share Posted May 8, 2019 . Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 8, 2019 Share Posted May 8, 2019 Electric trucks? Link to comment Share on other sites More sharing options...
DC Tom Posted May 9, 2019 Share Posted May 9, 2019 8 hours ago, Buffalo_Gal said: Electric trucks? It's what redneck androids dream of. 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted May 9, 2019 Share Posted May 9, 2019 On 5/7/2019 at 4:18 PM, B-Man said: New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. , We have a surplus (thanks Donald) and pretty boy Gavin still wants to raise taxes. https://amp.sacbee.com/news/politics-government/capitol-alert/article230101754.html Link to comment Share on other sites More sharing options...
/dev/null Posted May 9, 2019 Share Posted May 9, 2019 1 hour ago, DC Tom said: It's what redneck androids dream of. 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 10, 2019 Share Posted May 10, 2019 The Trump administration is walking an economic tightrope as well as any seen before.US consumer prices rose in April, but underlying inflation remains tame* U.S. consumer prices rose in April but underlying inflation remained muted. * The data suggested the Federal Reserve could keep interest rates unchanged for a while. * The Labor Department said its Consumer Price Index increased 0.3% last month, lifted by rising gasoline, rents, and health-care costs. </snip> 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 10, 2019 Share Posted May 10, 2019 This could also go in foreign politics, but I think works better here: (thread, but the first three tweets are the meat of it) And then as he finishes up... ? 1 Link to comment Share on other sites More sharing options...
Koko78 Posted May 11, 2019 Share Posted May 11, 2019 (edited) 7 hours ago, Buffalo_Gal said: And then as he finishes up... ? Damn, he is a master troll. ? Edited May 11, 2019 by Koko78 2 Link to comment Share on other sites More sharing options...
BeginnersMind Posted May 11, 2019 Share Posted May 11, 2019 Big loss for us if we don’t get this deal done. It is the most important thing this administration is doing. I hope they can close it. Link to comment Share on other sites More sharing options...
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